Judge Mary D. France signed off on Food Management's offer of $1 million for the York County company, as requested by attorneys for Wolfgang and M&T Bank, its principal creditor.

The key for the bank: Food Management was able to pay the $1 million immediately.

"The money is in the (escrow) account right now," M&T attorney Michael Nord said. "The bank will be wired $1 million today."

The purchase does not include real estate; Food Management will lease the property from Wolfgang.

Wolfgang's previous suitor, Divine Serendipity, owned by Alabama businessman Wayne Sellers, made a verbal offer of $1.2 million this morning, promising a deposit of $100,000 and the balance by Oct. 22, provided certain conditions were met.

However, Wolfgang and M&T Bank preferred the certainty of cash in hand, and their attorneys questioned Divine Serendipity's ability to follow through, given its record so far.

Divine Serendipity received Judge France's approval in August to buy Wolfgang but failed to pay the $885,000 purchase price or $10,000 monthly lease, leading her to cancel the sale last week.

"They still don't have the cash," Nord said in court this morning. "This proposal is unacceptable … for many, many reasons."